On Friday, I had mentioned that it would not surprise me if we gapped down on Sunday to the 66 area before heading up. That of course did not happen (not going to go into the details, lets just say, did not do my homework well enough). We go the gap fill. Yday a day which I though we might fill the gap around 28 from Thursday we only got to the 22 area, which if you recall was the double bottom last week before the decline. After trading a narrow range yday during RTH, we begin our journey to climb the wall of worry . What started off as a normal Session soon turned into a pigs get slaughtered with the double whammy news flow. Once the news was out, it was relentless, the buying in the o/n session, which of course continued into the RTH today. Barring, one or two very shallow PB's they were not letting you get in. Interestingly, this is the second time in a short period that we have had two open gaps (opposite direction) that have not filled. We will see what becomes of this. Today, we almost hit the 200SMA on Es and sold off from there For now, I think the 32-35 area should provide support if the objective is to continue higher immediately. Else of course the 2710 area is the other candidate if some fuel is required for an upside move. Perhaps another try for the 50 area in the O/N session which fails and a slow drift down to the 32-26 area. Likely to be contained within the 26-44 area for tomorrow. JUst my expectation.